Carla Vista Company had the following transactions pertaining to debt investments. Jan. 1 Purchased 77,6%,$1,000 Sandhill Company bonds for $77,000 cash. July 1 Sold 41 Sandhill Company bonds for $43,000. Journalize the entries for the purchase and sale of the Sandhill Company bonds. (Credit account titles are automatically indented when the amount is entered. Do not indent manually, Record journal entries in the order presented in the problem.)